Do you know how much it costs your practice to see a 99213 visit, or what your profit margin is? For most, the answer to both questions is a firm “No”. Yet you should; especially in a market where reimbursement is decreasing and expenses are increasing. Knowing your costs at the procedure level allows you to evaluate your reimbursement structure to see if a particular carrier’s allowable covers your costs, and if so, by how much.
Using financial data and information extracted form your practice management system, we determine your costs and profit margin on a procedure-by-procedure basis so you can make informed decisions when evaluating carrier reimbursement or the continuation of a particular procedure.
